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Pay.UK consultation update (Next Generation Standard)

Shot of a barista taking a smartphone payment from a customer at a cafe

Pay.UK has published an update on it’s consultation on the ‘Next Generation Standard for UK Retail Payments’.

The update includes details on Pay.UK’s recommendations for the adoption of ISO 20022 and for the delivery of the next generation standard.

They expect the full conclusion to be published by the end of the year.

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